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We Think Jinneng Holding Shanxi Coal Industryltd (SHSE:601001) Can Manage Its Debt With Ease
Jinneng Holding Shanxi Coal Industry Starts Acquisition of Panjiayao Coal Mine Rights, Assets
Jinneng Holding Shanxi Coal Industry (601001.SH): Initiating the acquisition of certain Assets from the indirect Shareholder.
On January 15, Gelonghui reported that Jinneng Holding Shanxi Coal Industry (601001.SH) announced the decision to initiate the acquisition of certain Assets from Jinneng Holding Group to implement the "Commitment Letter on Avoiding Industry Competition" signed with Jinneng Holding Group Company to further resolve industry competition. The Assets involved in this acquisition include the exploration rights and related assets of the Panjiaya Mine held by the indirect controlling Shareholder, Jinneng Holding Group. The target Assets are the exploration rights and related assets of the Panjiaya Mine located in Zuoyun County, Datong City, Shanxi Province, with a designed production capacity of 10 million tons per year.
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Some Investors May Be Worried About Jinneng Holding Shanxi Coal Industryltd's (SHSE:601001) Returns On Capital